Which of the following is an illegal market?
a. an Internet movie subscription service
b. a shop selling counterfeit designer goods
c. a retailer offering imitation leather shoes
d. a home-exchange networking website
b. a shop selling counterfeit designer goods
Economics
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Refer to Table 21.2. The bottom 20 percent of earners took home ________ of all income earned in Mysteria
A) 5% B) 8.33% C) 10% D) 29.4%
Economics
When quantity supplied is very responsive to a change in price, supply is
A) elastic. B) unit-elastic. C) inelastic. D) income sensitive.
Economics